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News » UK » Canary Wharf Contractors sees profits shrink » published 8 Jul 2016

Canary Wharf Contractors sees profits shrink

Canary Wharf Contractors has posted its financial results for 2015, showing a near 7% drop in turnover and a 44% fall in profits before tax.

Projects completed in 2015 include the new Crossrail station at Canary Wharf Above: Projects completed in 2015 include the new Crossrail station at Canary Wharf

Turnover for 2015 was £125.0m (2014: £134.1m) and pre-tax profit was £2.3m (2014: £4.2m).

The balance sheet shows the company’s net assets were £11.48m at 31st December 2015, up from £9.18m a year before (restated).

 

MPU

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This article was published on 8 Jul 2016 (last updated on 8 Jul 2016).

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